Mphasis Technical Analysis

According to the latest Pivot data, Mphasis’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹2183.93, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2223.06, ₹2291.73, and ₹2330.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2115.26, ₹2076.13, and ₹2007.46, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mphasis’s price movement.